Adjusted Rent Calculation for Multifamily Properties

ISBN: n/a
Order No: 2012E

Adjusted rent calculations allow property managers to determine optimal rental rate levels for specific property types while maximizing net operating income (NOI). This training module guides users through using the Residential Comparison Grid to compare a subject property to comparable properties on a feature-by-feature basis in order to set appropriate rental rates. When adjusted rental rates for comparable properties are determined, they are compared to the subject property on a per-unit and/or per-square-foot basis to help property managers determine whether to increase or decrease, as the case may be, their rental property rates.

How do these concepts relate to the "big picture"? To find out how adjusted rent calculation relates to other financial analysis components and to evaluate the performance of your properties, order the IREM Financial Analysis Spreadsheet.